Allied Specialty Vehicles (ASV), a leading $1 billion sales producer of specialty vehicles to the fire and emergency, commercial and industrial, and parent to Fleetwood RV, has purchased certain assets of Navistar RV, manufacturer of motorized and towable recreational vehicles.
The purchase was structured as a purchase of all of the equity interests of Navistar RV and includes the manufacturing operations for Navistar’s R-Vision and Holiday Rambler towable units in Harrisburg, Oregon, and Navistar’s Monaco and Holiday Rambler brand motorized RVs in Wakarusa, Indiana, according to a news release.
The sale does not include Bison Coach, Navistar’s horse trailer manufacturing business.
The purchase price was not initially revealed.
ASV has also entered into a multi-year leasing agreement for Navistar RV’s Elkhart, Indiana, facility.
ASV will be moving production to their Decatur, Indiana, facility sometime in August. Representatives say many current employees at the Wakarusa plant will be offered jobs in Decatur or other ASV facilities.
ASV says there is a buyer interested in purchasing the Wakarusa manufacturing facility, but did not release any other details on that sale.
Employees might have an opportunity to relocate to Decatur or work with another division of ASV.
Between the Elkhart and Wakarusa facilities, about 600 people work for Navistar RV.
“ASV is honored to welcome all of the existing Monaco, Holiday Rambler, R-Vision, Beaver and Safari customers and an exceptional network of dealer partners to the ASV family,” said Peter Guile, CEO of Orlando, Florida-based ASV.
“The ASV team is committed to providing our customers and dealers with exceptional product, service, and support, and we are fully committed to re-establish the product leadership and extraordinary reputation for innovation, quality, and service for which the Monaco family of brands has been known.”
ASV also announced that Mike Snell has been named as president of Monaco and Holiday Rambler. Snell has logged over 20 years with Monaco, serving as a longtime executive for Monaco Coach Corp. and most recently as vice president of sales for Monaco RV under the Navistar umbrella.
“ASV is pleased to welcome Mike Snell as president of Monaco and Holiday Rambler,” said Guile.
“Mike has made an invaluable contribution to the Monaco brands and the industry over his 20-year career with Monaco RV, and we look forward to his leadership during this new, exciting phase of growth.”
He will report to Jim Meyer, the company’s chief operating officer.
“We join the ASV family fully energized with worthy goals and high hopes as we jointly work to rebuild our iconic and proud RV industry brands,” commented Snell.
“With the commitment and support of ASV we’ll focus on developing innovative, distinct, and aspirational products in keeping with the long and rich tradition of our brands. I look forward to working with our team, our dealers and our customers to make this vision a reality.”
ASV is currently structured around three business segments—fire and emergency vehicles, commercial and industrial, and recreation vehicles. Following the merger, Fleetwood and Monaco will be under the same umbrella, but both will be operated as separate companies with separate presidents and separate profit and loss reporting.
Allied Specialty Vehicles (ASV)
ASV is a $1 billion-plus manufacturer comprised of brands serving fire and emergency, recreational, and commercial vehicle markets.
Within the fire and emergency segment, ASV offers a full line of fire apparatus and ambulances. Within the recreational vehicle segment, the company produces motorized RVs under the Fleetwood brand.
Phone: (407) 681-4700
Monaco and Holiday Rambler Brands
Mailing Address: PO Box 31, Decatur, IN 46733
Phone: (260) 728-2121
Leadership is the capacity to translate vision into reality.
—Warren G. Bennis